Fiduciary Trust Names Doris Meister CEO After GTCR Buys $34 Billion Wealth Firm

2 articles · Updated · Wealth Management · Aug 13

$34 billion Fiduciary Trust appointed former Wilmington Trust chief Doris Meister as president and CEO, replacing Austin Shapard a few months after GTCR completed its acquisition of the Boston wealth and trust firm.
Meister brings 35 years of wealth-management and trust experience and led M&T Bank-owned Wilmington Trust from 2016 to 2024; she said she will invest in people, technology and investment capabilities.
Shapard, who led Fiduciary Trust for 12 years, will stay on as an adviser through the end of 2026 to help manage the leadership transition.
Founded in 1885, Fiduciary Trust provides wealth planning, investment management, trustee, estate, tax, custody and family-office services, underscoring the scale of the post-acquisition leadership change.